• 276月2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    The World Is The Most! The Total Number Of Charging Facilities in China Reaches 9.92 Million Units

                    A few days ago, at a press conference held by the National Development and Reform Commission, a spokesman Li Chao introduced that as of the end of May this year, the total number of national charging infrastructure reached 9.92 million units, an increase of 56%year -on -year. Among them, public and private charging facilities reached 3.05 million units and 6.87 million units, respectively, an increase of 46%and 61%, respectively. my country has built the world’s largest number of charging infrastructure systems with the largest number of in the world, the widest service range, and the most comprehensive types of varieties.     […]

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  • 276月2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Ministry Of Commerce: From January To May, The Recycling Volume Of Scrapped Cars in The Country Increased By 19.4%

                At the press conference of promoting consumer goods recently, the promotion of consumer goods, Xu Xingfeng, the director of the Department of Consumption of the Ministry of Commerce, introduced that the Ministry of Commerce issued the “Promoting Consumption Products with the Old Change of the New Action Plan” in conjunction with relevant departments, and proposed a series of policy measures such as promoting “energy” in automobiles.           Xu Xingfeng specifically introduced that in terms of automobiles, the Ministry of Commerce, the Ministry of Finance and other departments jointly issued the “Detailed Rules for the Implementation of Automobiles with the New […]

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  • 276月2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    ExMobil And SK ON Sign The Memorandum Of Understanding Of Lithium Supply

                On June 25th, the electric vehicle battery manufacturer SK On announced that it has signed a memorandum of forgiveness with an unreasonable understanding with US energy giant EXXONMOBIL. Battery supply chain in the area.             According to the memorandum of understanding signed by the two parties, SK On can choose a many years of agreement, and then obtain a lithium of up to 100,000 tons from ExxonMobil in the Akrisan project. However, the two parties have not announced more details for the time being, such as the contract cycle and specific supply, and these details will be discussed in […]

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  • 276月2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    UK Car Production Fell 12% in May

    Industry data showed that in May, UK car production was 69,652 units, down 11.9% year-on-year. This is the third consecutive month of decline in UK car production, mainly due to automakers reducing production of existing models and gradually shifting more factories to electric vehicle production.   Reasons for the continued decline According to a report by the Society of Motor Manufacturers and Traders (SMMT), the decline in demand for traditional fuel vehicles and global supply chain issues have led to a decline in production. In addition, many automakers are re-adjusting their production lines to prepare for the new era of electric vehicles, and this transition process inevitably leads to a […]

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  • 266月2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    TSMC Chip Price Increase May Benefit Samsung Electronics

    Industry sources said potential price increases by Chinese chip foundries such as TSMC could give Samsung Electronics a competitive advantage in terms of price.   TSMC Chairman C. C. Wei cited rising costs as the reason for the company’s price increase at a June 4 shareholders’ meeting. Nvidia CEO Jensen Huang also agreed with this view, believing that current chip foundry prices are too low.     Industry observers expect TSMC to increase prices in the second half of 2024. It is reported that TSMC’s 3nm process orders are full until 2026, and prices are expected to rise by more than 5%. The price of chips on wafers on substrates […]

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  • 266月2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    German Electric Car Sales Fell 23% in May

    According to foreign media reports, in May, the number of new passenger car registrations in Germany fell 4.3% year-on-year to 236,425, affected by the sharp decline in sales of electric vehicles (including pure electric vehicles and plug-in hybrid vehicles).   In May, German electric vehicle sales fell 23% year-on-year to 43,746, with a market share of 18.5%, compared with 22.9% in the same period last year. However, it should be noted that after entering 2024, Germany has cancelled the purchase subsidy for electric vehicles.   Last month, Germany’s pure electric vehicle (BEV) sales were 29,708, a year-on-year decrease of 31%, with a market share of 12.6%; plug-in hybrid electric vehicle […]

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